TP matter remanded for curable procedural irregularity

The Delhi Bench of the Income Tax Appellate Tribunal set aside the orders of the Assessing Officer and the Commissioner (Appeals), holding that the Assessing Officer ought to have referred the assessee's specified domestic transactions to the Transfer Pricing Officer under Section 92CA. However, such omission constituted only a procedural irregularity warranting remand and not annulment of the assessment.